The Department of Telecommunications (DoT) has asked Vodafone Idea (Vi) to come back to it with a business plan soon in light of its decision not to launch 5G services for now (unlike its competitors Reliance Jio and Bharti Airtel) and in view of its assessment of the possible impact […]

The sector seems set for a rally that may be somewhat temporary. Analyst previews of the banking sector are fairly optimistic despite the macro deterioration. The quarter two results for the 2022-2023 financial year (Q2FY23) are expected to be good. The rise in policy interest rates has resulted in an […]

Temperatures have cooled drastically in Los Angeles over the past few days, with unseasonable rain and cold nights conjuring up thoughts of the coming holidays and, as has been the case the past two years, fears of a coming Covid wave. “We’re really at a point that may be a […]

Paul Haggis sparred with a lawyer Friday over the meaning of a woman saying “no,” explaining again that when Haleigh Breest said “no” to him peeling off her tights she was not refusing sex. “She did not say ‘no’ in the way that one means ‘no,’” Haggis said in a […]

Two-thirds of organisations in the Indian technology sector are hiring gig workers as they respond to a changing business landscape, said a report by industry organisation NASSCOM and others on Thursday. Focus on requirement for specialised skills, employee demand and cost optimization enabled organisations to use the gig model for […]

Asian stocks fell broadly on Friday as investors digested the monetary policy announcements from the ECB and BoJ and looked ahead to next week’s FOMC meeting for clues on whether a pivot on the pace of rate hikes is on the table. U.S. GDP data released on Thursday surprised to […]

Shares of Swiss Re AG were losing around 3 percent in the morning trading in Switzerland after the reinsurer reported Friday a net loss in its third quarter and the first nine months of fiscal 2022. The results were hurt mainly by weakness in Property & Casualty Reinsurance or P&C […]

Dan Scharf — the VP and global head of business affairs at Amazon Studios — will now oversee production, studio operations, casting, and studios music. Jennifer Salke, head of Amazon Studios, made the internal announcement Wednesday. This change is effective immediately. Scharf will continue to report to Salke. Since joining Amazon Studios in 2013, Scharf […]

Brian Beckmann (Arclight Films), Caroline Couret-Delegue (Film Seekers Limited), Diane Ferrandez (AGC Studios), Jeffrey Greenstein (Millennium Media), George Hamilton (Protagonist Pictures), Jasmin McSweeney (NZ Film Commission) and Lise Romanoff (Vision Films) have been elected to serve on the Independent Film & Television Alliance’s 15-person Board of Directors. Clay Epstein (Film […]

European stocks are seen opening a tad lower on Friday after the International Monetary Fund (IMF) cut Asia’s growth forecast to 4.0 percent this year and 4.3 percent next year, down 0.9 percent points and 0.8 points from April, respectively citing a number of headwinds. Weak tech earnings may also […]